FT News Briefing

US prosecutors take a bite out of Apple

Reddit shares soared during its public market debut, US prosecutors filed a landmark antitrust lawsuit against Apple, and the FT’s Sujeet Indap explains why Hertz’s pivot to electric vehicles went awry. Mentioned in this podcast:<a href="https://on.ft.com/498UgdT" rel="noopener noreferrer" target="_blank">US accuses Apple of building smartphone market monopoly in antitrust case</a><a href="https://on.ft.com/3TrNnyC" rel="noopener noreferrer" target="_blank">How Hertz’s bets on Tesla and a Goldman veteran veered off course</a><a href="https://on.ft.com/3PBvY5h" rel="noopener noreferrer" target="_blank">Social media site Reddit soars 48% in New York IPO</a>Get 40% off a digital FT subscription: <a href="http://ft.com/briefingsale" rel="noopener noreferrer" target="_blank">ft.com/briefingsale</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Kyra Assibey-Bonsu, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. <a href="https://www.ft.com/content/4ae9aead-b1f5-4ad9-89a2-5f60c257de8f" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.